TEET ELEKTRITÖÖDE OÜRegistered

11908180Private limited company (OÜ)Founded 2010

Key figures

847 681 €+58,7%
Revenue 2025
+16,5%
Average annual growth 2019–2025
0250 k500 k750 k1 m2019202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0200 k400 k2019202020212022202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 2026199 956 €1029 014 €
Q2 2026272 464 €924 908 €
Q1 2026177 801 €724 118 €
Q4 2025255 659 €729 364 €
Q3 2025113 083 €930 236 €
Q2 2025233 040 €926 445 €
Q1 2025226 092 €922 140 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
20240 €
20231000 €
20220 €
20210 €
20200 €

Previous year's retained earnings + previous year's profit − current retained earnings.

Summary of financial statements2019–2025
2019202020212022202320242025
Balance sheet — assets
Total current assets143 967148 924173 105188 213229 366254 528332 297
Total non-current assets67 81259 77761 66453 54735 99631 06326 130
Total assets211 779208 701234 769241 760265 362285 591358 427
Balance sheet — liabilities and equity
Current liabilities32 23028 59056 11558 82771 56991 397149 126
Non-current liabilities32 43921 13183092473000
Total liabilities64 66949 72164 42461 30071 56991 397149 126
Share capital2684268426842684268426842684
Retained earnings of previous periods133 165144 426156 297167 660176 776191 109191 510
Profit for the year11 26111 87011 36410 11614 33340115 107
Total equity147 110158 980170 345180 460193 793194 194209 301
Income statement
Sales revenue339 809286 191288 724513 623698 526534 050847 681
Operating profit12 22112 73511 95810 42116 161360217 259
EBITDA18 86620 77020 06218 53821 841853522 192
Profit before income tax11 26111 87011 36410 11614 33340115 107
Profit for the reporting year11 26111 87011 36410 11614 33340115 107
Labour costs100 14878 85383 290130 593221 136233 236267 728
Depreciation of non-current assets6645803581048117568049334933
Other indicators
Employees6677999
Calculated dividend—000100000

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Risks and obligationsAll clear
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph
100%TEET ELEKTRITÖÖDE OÜEgon Kiipus
CompanyPersonShareholderOther roleAdditional link

Public procurement

1 contracts

Public contracts won worth 0 € from 1 contracting authorities (11.06.2024–11.06.2024). Plus 1 framework agreements shared with other suppliers (not included in the total).

TenderContracting authorityAmountAwarded
Elektritööd · joint bidsihtasutus Põhja-Eesti Regionaalhaiglaup to 6 000 000 €11.06.2024

Source: Public Procurement Register open data from October 2023. All public tenders

Annual reportsPDF, XBRL

Loading list of reports…

Source: e-Business Register (RIK). Files open/download directly from the official register.

Summary: TEET ELEKTRITÖÖDE OÜ

Overview

TEET ELEKTRITÖÖDE OÜ (registry code 11908180) is a private limited company (OÜ). The company was entered in the Commercial Register in 2010 and has been registered for 16 years. Registered location: Põltsamaa linn, Põltsamaa vald, Jõgeva maakond. According to the latest annual report, the main activity is electrical installation (EMTAK 4321). The company is registered for VAT (VAT number EE101400664).

Financial results

Revenue in financial year 2025 was 847 681 €, up 58,7% on the previous year (534 050 €). From 2019 to 2025, revenue grew by an average of 16,5% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 15 107 € (1,8% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 9 employees. Revenue per employee was 94 187 €. At the end of financial year 2025, total assets were 358 427 € and equity 209 301 € (58,4% of assets).

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 199 956 €, up 76,8% on the same quarter a year earlier. The company had 10 employees in that quarter. Labour taxes paid in the quarter: 29 014 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1860 € per month.

Management and owners

The company has one management board member. The sole owner of the company is a private individual.

Data sources and freshness

Register data (name, address, legal form, management board and owners) come from the Commercial Register of the Centre of Registers and Information Systems (RIK); changes are read from RIK every night. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 02.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.

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